QuantaVerse, innovator of data science and artificial intelligence (AI) solutions purpose-built for identifying financial crimes, recently announced the launch of CCO Checkup, a free service financial institutions can use to test the effectiveness of their AML programs. The new service is empowered by QuantaVerse’s AI solution that analyzes transaction data to detect “false negatives” or anomalous behaviors that may have been missed by an institution’s existing transaction monitoring system.
